What does CKO mean?

You'll find these abbreviations in listings we send you. In the top line of the image below you see the abbreviation Stat, which stands for status. Each property has a status whether it's active (available) or under contract.

Cont~this means that the home has a contract on it and all of the contingencies such as home inspection and financing, have been removed. The only thing both parties are waiting for is the closing date.

Cko~the home is under contract but there is a kick out. Usually this kickout has to do with the buyer selling their current home. If we look at the picture above, buyer 1 has a contract on the house on Strawrick Terrace. They have a home to sell before they can move forward with the purchase of Strawrick Terrace. The seller is okay with this but has said that if another buyer comes along, one without a house to sell than buyer 1 needs to remove that home sale contingency or they will be kicked out and they will be replaced by buyer 2. This home sale contingency is one of several contingencies but is usually the only one that can force the kick out.

Cnko~the home is under contract and there are contingencies such as home inspection and financing but the buyer cannot be kicked out for these contingencies.

I hope this helps when looking online at homes for sale. Please feel free to contact me if you have questions about other real estate terms.

And now for my disclaimer...I sell real estate in Northern Virginia. The properties listed in your area may use other similar terms. If you need help understanding them, please contact me and I'll be happy to put you in touch with a REALTOR in your area.

Nancy these are great reminders. There are SO many abreviations in the world for every industry that we just can't keep up with them all! Thanks for the excellent post. Also, thanks for the subscription! I really appreciate it! :)

Nancy, As the saying goes, it becomes, all Greek to me! LOL! Some of our newer mls terms even baffle me. There seem to be more, every week. Little keys of information to add to the listing's information.

Nancy, Thanks for the info! I have always wondered what the different types of status meant. So if the status is CKO or CNKO, can we still go visit a property?. I am sure that financing becomes a problem in certain situations, even in CONT status and as a seller, I would like to keep my door open to others if the financing falls through or is this a breach of contract or good faith? Thanks,

Nancy, Thanks for the info! I have always wondered what the different types of status meant. So if the status is CKO or CNKO, can we still go visit a property?. I am sure that financing becomes a problem in certain situations, even in CONT status and as a seller, I would like to keep my door open to others if the financing falls through or is this a breach of contract or good faith? Thanks,

Nancy, Thanks for the info! I have always wondered what the different types of status meant. So if the status is CKO or CNKO, can we still go visit a property?. I am sure that financing becomes a problem in certain situations, even in CONT status and as a seller, I would like to keep my door open to others if the financing falls through or is this a breach of contract or good faith? Thanks,

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